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Feb 25, 2013
02/13
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keeping in mind the defense industry for pentagon, coming from the pentagon and defense budget expected to be hard hit if the sequester gez through. back to you. >> i will pick it up from there. i'm glad you mentioned defense stocks. we will talk about that more in the show. rick santelli, how are treasuries reacting to the fun and games? >> same way as every market from the s&p to the euro currency to dollar index, we have seen a big reversal. we are now at a 187 yield having closed near that since the 24th of january. we close at 176 which means we are up 11 basis point on the year and maybe the most important issue is we can now somewhat get an idea of what the reasoning for higher rate has been. it's been so of the issues of funding in europe. we've isolated it. now if this is a reverend up um on the euro and i know i'm way too early jumping the gun on that. when it is hard to get something from the treasury market, today is a day of a bit of enlightenment. >> rick santelli, grazzi. see you again sometime here. >>> mark set struggling to find their groove right now. but while a nice
keeping in mind the defense industry for pentagon, coming from the pentagon and defense budget expected to be hard hit if the sequester gez through. back to you. >> i will pick it up from there. i'm glad you mentioned defense stocks. we will talk about that more in the show. rick santelli, how are treasuries reacting to the fun and games? >> same way as every market from the s&p to the euro currency to dollar index, we have seen a big reversal. we are now at a 187 yield having...
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Feb 6, 2013
02/13
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. >> and we found that the pentagon is saying it too. the defense advanced research projects agency, known as darpa, did its own analysis, and we obtained this internal memo that concludes there is: do you feel vindicated after all these years? >> i don't have any real need for vindication. i know what i've seen. >> that was a pretty big smile on your face, though. >> it is good. it's not bad. certainly, it's good. >> the pentagon is funding more experiments at the naval research lab in washington, d.c., and at mckubre's lab in california. we wondered what richard garwin would think of the defense department's appraisal. "the experiments leave no doubt that anomalous excess heat is produced." >> well, that's a statement. >> you just don't buy that. >> well, i am living proof that there's doubt. now, they can say that excess heat is being produced, but they can't say there's no doubt. all they can say is, they don't doubt, but i doubt. >> if you asked me, "is this gonna have any impact on our energy policy?" it's impossible to say, becaus
. >> and we found that the pentagon is saying it too. the defense advanced research projects agency, known as darpa, did its own analysis, and we obtained this internal memo that concludes there is: do you feel vindicated after all these years? >> i don't have any real need for vindication. i know what i've seen. >> that was a pretty big smile on your face, though. >> it is good. it's not bad. certainly, it's good. >> the pentagon is funding more experiments at the...
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Feb 23, 2013
02/13
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a lot of people think that the whole pension and health care benefit system in the pentagon needs to be overhauled and that these are where major savings are and that's where we should aim for, that the pentagon cannot be immune from this exercise. >> i wouldn't disagree at all. i think you can debate what kind of military defense strategy you wish, what kind of forces you plan on having, their technology, their training levels, all that should be on the table. but you've got to do it in a rational way. you've got to act like it's a business. the whole notion of cutting billions of dollars out of the defense budget, i just read one of the pundits announcing you can cut the defense budget by 2/3 and it wouldn't affect national security. and that all of this is political theater. it's anything but political theater. you know, dr. ash carter, the deputy's a very rational, bright fellow. very experienced. the chiefs of the services just testified under oath. they said this is going to be a big problem. and i think it is. >> and i agree with the general. because again, as i said, i'm not
a lot of people think that the whole pension and health care benefit system in the pentagon needs to be overhauled and that these are where major savings are and that's where we should aim for, that the pentagon cannot be immune from this exercise. >> i wouldn't disagree at all. i think you can debate what kind of military defense strategy you wish, what kind of forces you plan on having, their technology, their training levels, all that should be on the table. but you've got to do it in...
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Feb 5, 2013
02/13
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the pentagon chael challenge for a s&l that it's a really great wonderful product that's changed the world but ipad, it growth is not enough to make up for the slowing saturation of the smartphone market that -- that is happening because the iphone is being adopted and the rich people already have these things. you know, the ipad is a great product, but it's been so great, it hasn't been able to sort of do what the iphone has done. the iphone is a once in a lifetime product that was wonderful for apple's profit margins and we're just not going to see the likes of it again any time soon. >> not to pile on, colleen. you have to admit buzz is not there for apple and when you look at the stock price, it's down sharply from those highs last september when ironically they had just introduced the new iphone, so, you know -- it's a nice ipad, but where's the buzz for apple these days, colleen? >> listen, i agree, apple need to do a lot more to get this stock back, but the buzz isn't there because this is an enterprise story. this is a business story. businesses, enterprises, people buying bi
the pentagon chael challenge for a s&l that it's a really great wonderful product that's changed the world but ipad, it growth is not enough to make up for the slowing saturation of the smartphone market that -- that is happening because the iphone is being adopted and the rich people already have these things. you know, the ipad is a great product, but it's been so great, it hasn't been able to sort of do what the iphone has done. the iphone is a once in a lifetime product that was...
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Feb 27, 2013
02/13
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. >>> the pentagon chief for the f-35 warplane is slamming his partner lockheed martin. he's accusing them of trying to squeeze every nickel out of the u.s. government faults them for seeing the long-term benefits of the project. >>> and tesla ceo eland musk vowing to pay back an energy deficit loan in half the time required by the government. the company receives a doe loan in 2010 and made the first payment of nearly $13 million in december. >> by the way, did you see yesterday -- remember we had -- there was a big debate about the test drive of the tesla in "the new york times." >> yeah. uh-huh. >> and phil lebeau -- >> went well. then edmonds did one yesterday. >> how did that go? >> not so well. the whole interior screen that sort of is the hub of the whole car, it stopped working. >> i don't understand this debate anyway. if you want to go a long trip like that, wouldn't you take a different car? rent a car or -- >> yeah. phil made the point. this is what you do -- >> andrew made the point, too. >> if you feel green and you want to, you know -- >> you want to tool
. >>> the pentagon chief for the f-35 warplane is slamming his partner lockheed martin. he's accusing them of trying to squeeze every nickel out of the u.s. government faults them for seeing the long-term benefits of the project. >>> and tesla ceo eland musk vowing to pay back an energy deficit loan in half the time required by the government. the company receives a doe loan in 2010 and made the first payment of nearly $13 million in december. >> by the way, did you see...
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Feb 7, 2013
02/13
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think one thing that would be very helpful would be if they would simply pass a law that allowed the pentagon to allocate the cuts in their best judgment rather than forcing certain cuts on them. that would be one helpful thing, but i think the bargaining power almost requires that we allow it to happen before -- before anybody is going to get serious about their negotiation. i agree. it's a terrible idea, but it's maybe a bad idea whose time has come. >> laura you say it's not next to happen. >> right. >> you say there's no debt crisis. how would you describe the 16 trillion debt. >> so what i would say, look, there were estimates out there at the beginning of the year we needed about $4 trillion to stabilize the debt-to-gdp ratio. we're about 60% of the way there. we do need additional revenue increases or spending cuts over the next decade, but let me emphasize. over the next decade. not at a moment in time when the economy has 7.9% unemployment and is operating under its capacity to the tune of maybe six percentage points below capacity. this is a terrible time to do what needs to be done
think one thing that would be very helpful would be if they would simply pass a law that allowed the pentagon to allocate the cuts in their best judgment rather than forcing certain cuts on them. that would be one helpful thing, but i think the bargaining power almost requires that we allow it to happen before -- before anybody is going to get serious about their negotiation. i agree. it's a terrible idea, but it's maybe a bad idea whose time has come. >> laura you say it's not next to...
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Feb 6, 2013
02/13
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the pentagon says both sides ought to avoid any acts that might spark conflict. >>> meanwhile, china is promising to make sweeping tax reforms to narrow the rich/poor suicide. plans approved by china -- divide. plans approved by china says the rich might pay more. in companies, taxes could rise 20% by 2015. there's talk of giving savers a better return. it's for tilting toward more consumption than investment spending. >>> an expected pickup in china is giving a reason to be more optimistic after a challenging 2012. the company said the net loss widened to nearly $4 billion in the fourth quarter last year. but the biggest steelmaker by volume expects profits to pick up amidst improving conditions. in china alone the company sees the steel market growing 3%. and the stock up 2% as a result. >>> and syngenta trades are lower today. the company reported full-year net profit of $1.8 billion. that was ahead of a reuters forecast. it expects another record sales year citing strong commodity prices. so what a disappointment. carolyn roth is in zurich. is this a question of you meeting expec
the pentagon says both sides ought to avoid any acts that might spark conflict. >>> meanwhile, china is promising to make sweeping tax reforms to narrow the rich/poor suicide. plans approved by china -- divide. plans approved by china says the rich might pay more. in companies, taxes could rise 20% by 2015. there's talk of giving savers a better return. it's for tilting toward more consumption than investment spending. >>> an expected pickup in china is giving a reason to be...
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Feb 7, 2013
02/13
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pentagon warns of huge cuts. when you think about what's going on in washington, right now, and you think about the sequester that may or may not happen, and you think about your history in washington, do you think that we will have the sequester? >> andrew, i don't know. i think it's a very complicated situation. i think we had a great opportunity and i actually thought there was some reasonable chance it might happen, which was to have a grand bargain that could have addressed what is really unsustainable and deeply dangerous long-term fiscal situation and i think if we had done that, not only would be useful for the long run but i think could have generated confidence in the shorter run and promote jobs now. now instead of that we have a happen has 5rd process. a sequester we're facing. it's a terrible piece of legislation. it arbitrarily cuts defense and nondefense without thoughtfully doing so. instead of being phased in so we'd have more room for recovery, it hits abruptly. and it's far, far from clear that
pentagon warns of huge cuts. when you think about what's going on in washington, right now, and you think about the sequester that may or may not happen, and you think about your history in washington, do you think that we will have the sequester? >> andrew, i don't know. i think it's a very complicated situation. i think we had a great opportunity and i actually thought there was some reasonable chance it might happen, which was to have a grand bargain that could have addressed what is...
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Feb 7, 2013
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. >> the pentagon is cutting the usair craft carrier fleet in the persian gulf to demonstrate the effect looming defense cuts could have on the military. it will have to trim flying hours and lockheed's fighter jets. billions of dollars in automatic cuts known as the sequester are set to take effect march 1st if congress doesn't delay or cancel them. outgoing secretary of defense leon panetta called lawmakers irresponsible. >> it is difficult to believe, frankly, that congress would simply stand aside, stand aside, fail to make the decisions necessary to resolve this crisis and allow the defense, economy and quality of life of america to be irreparably damaged. >> thou, some health and senate republics have offered a plan to cut the federal workforce and use those savings too void the full 85 billion sequester. a similar plan failed to gain any traction last year. however, will this time be different? mark parkinson, former governor of kansas, ceo, and a real pleasure to have you with us. >> great to be here this morning. thank you. >> we would like you to start by looking at this seques
. >> the pentagon is cutting the usair craft carrier fleet in the persian gulf to demonstrate the effect looming defense cuts could have on the military. it will have to trim flying hours and lockheed's fighter jets. billions of dollars in automatic cuts known as the sequester are set to take effect march 1st if congress doesn't delay or cancel them. outgoing secretary of defense leon panetta called lawmakers irresponsible. >> it is difficult to believe, frankly, that congress would...
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Feb 25, 2013
02/13
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. >>> and the pentagon says the grounding of lockheed martin's jets last week won't deliver the aircraft. there was a crack on a turbine blade on a test plane. speaking from australia, the fa says that type of problem is unfortunate but normal during development and testing. lockheed stock down 1%. >>> as the number of global smartphone users has reached the 1 billion mark, there have been a number using their mobile to make purchases. that's the subject for kelly in barcelona at the world mobile congress. do you have to use your spanish down there or you're okay, kelly? >> si, senior. i've been using a lot of spanish here, ross. right now, i'm joined by ed mcglaughlin from mastercard. ed, i haven't been speaking spanish with you necessarily. >> no. >> but we have been talking about the language of payments. and it does seem as though we're moving from, as you've said, a cash list to a credit card list society. what exactly is mastercard doing here? >> well, what we're announcing today is what we call master pass. everything starts becoming digital, it's device based, master pass is basi
. >>> and the pentagon says the grounding of lockheed martin's jets last week won't deliver the aircraft. there was a crack on a turbine blade on a test plane. speaking from australia, the fa says that type of problem is unfortunate but normal during development and testing. lockheed stock down 1%. >>> as the number of global smartphone users has reached the 1 billion mark, there have been a number using their mobile to make purchases. that's the subject for kelly in barcelona...
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Feb 11, 2013
02/13
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there's not going to be any opportunity to cut pentagon spending in any serious way if you don't go over the cliff. so there is some stuff in there that i as a democrat don't like. but i think everybody's going to put something in the pot in order to balance the deficit. we did a lousy job in january on the tax side and i hope that -- i think it's better to go over the cliff than do a lousy job -- >> how many people do you know on your side of the field who actually agree with you? >> very few. look they're politicians. they want to spend as much money as they possibly can and they don't want to pay for it. >> who agrees with you? >> oh, i don't know. i bet -- oh, god, joe agrees with me. >> you forgot. the other thing, howard, and i'm just alluding to it, there will be no return to the bush era tax rates on anyone under $400,000? >> right. >> okay. so take that amount of money, whatever that is per year. how much do you need -- how many loopholes do you need to close? what is the marginal rate have to be on people above 400 to replace that potential revenue? it's 100%, isn't it? >> but
there's not going to be any opportunity to cut pentagon spending in any serious way if you don't go over the cliff. so there is some stuff in there that i as a democrat don't like. but i think everybody's going to put something in the pot in order to balance the deficit. we did a lousy job in january on the tax side and i hope that -- i think it's better to go over the cliff than do a lousy job -- >> how many people do you know on your side of the field who actually agree with you?...
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Feb 23, 2013
02/13
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. >>> the pentagon ordered its entire fleet of f-35 fighter jets grounded. here's why. a crack was found in the engine of one of the planes during a routine inspection. at nearly $400 billion, this high-tech jet system, this is for all of them, the most expensive weapon system in military history. $400 billion buys you 51 planes in that fleet. >>> a homework assignment has many up in arms. listen to this. two teachers at a new york elementary school wrote math word problems on slavery. here's one of the questions -- in a slave ship, there are 3,799 slaves. one day the slaves took over the ship. 1,897 slaves were dead. how many slaves are left? we could have done this with apples. the department of education says they will take disciplinary action against those teachers. training will also be required for all staff at the school. >>> the justice department says it plans to sue lance armstrong for using performance-enhancing drugs. they will join in the suit filed two years ago by former teammate floyd landis. the civil lawsuit claims that armstrong and his teammates viol
. >>> the pentagon ordered its entire fleet of f-35 fighter jets grounded. here's why. a crack was found in the engine of one of the planes during a routine inspection. at nearly $400 billion, this high-tech jet system, this is for all of them, the most expensive weapon system in military history. $400 billion buys you 51 planes in that fleet. >>> a homework assignment has many up in arms. listen to this. two teachers at a new york elementary school wrote math word problems on...
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we look forward to see what the pentagon has to say. john. >> as you pointed out again and again, the u.s. has not commented to us about the authenticity of the videos. they could be fake. but if they are real, what does it say about the sophistication of the iranian intelligence system? >> reporter: it's too early to make that kind of assessment, john, because it's too early to figure out exactly what iranian officials have extracted from this drone. this is obviously a high-tech machine, stealth technology. you can be sure iran is trying to clone it, but we don't know if they have done that yet. it looks like they have managed to decode the video. one thing you can be sure they'll do is they'll use this in the information war against the u.s. they will bolster their position that the u.s. is a bully in the region, meddling in sovereign affairs of other countries with drones and it's going to be part of the information war that these two countries have been locked in for a long time, john. >> thanks, reza. >> there's going to be a lot
we look forward to see what the pentagon has to say. john. >> as you pointed out again and again, the u.s. has not commented to us about the authenticity of the videos. they could be fake. but if they are real, what does it say about the sophistication of the iranian intelligence system? >> reporter: it's too early to make that kind of assessment, john, because it's too early to figure out exactly what iranian officials have extracted from this drone. this is obviously a high-tech...
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Feb 17, 2013
02/13
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we need to have a strong figure coordinating the pentagon. and the tactics that you see mccain and the republicans engaging in clearly undermine the next secretary of defense who they all acknowledge is going to be chuck hagel. the other issue, don, is politics in the context of political preservation. lindsey graham is posturing himself because he's afraid of a tea party challenge for renomination to the senate. john cornyn is afraid of being out-conservatived by his junior senator in texas. >> let's talk about the state of the union. the president covered a lot of ground from minimum wage to pre-kindergarten. any angle you think he overlooked? >> every state of the union and this one is no exception comes across as a laundry list or a campaign speech. what made this one significant and made it stand out in my mind was i think it was the strongest explanation of why family values -- why the government can help with family values and help rebuild our economy. the president's talk about preschool education, which is only available for only thr
we need to have a strong figure coordinating the pentagon. and the tactics that you see mccain and the republicans engaging in clearly undermine the next secretary of defense who they all acknowledge is going to be chuck hagel. the other issue, don, is politics in the context of political preservation. lindsey graham is posturing himself because he's afraid of a tea party challenge for renomination to the senate. john cornyn is afraid of being out-conservatived by his junior senator in texas....
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we will be live from pentagon in a minute. >>> and falling from space, wow, pretty cool, at a rate of more than 843 miles per hour, that's how fast dare devil felix baumgartner fell when he jumped from space. the official speed has been released. even faster now than those record keepers thought at first. pretty cool stuff. >>> one of our top stories today at cnn, a secret american drone base somewhere in saudi arabia, now this is according, these are reports from two major newspapers today, saying that this u.s. launches these drone attacks against al qaeda targets from that particular base. i want to bring in two folks here at the pentagon chris lawrence also michael holmes from cnn international. chris, it's not a total surprise that this was there in saudi arabia, but certainly it was not something that they officially wanted to reveal. why are they doing it now? >> that's the big question, suzanne, why did this come out? we reported two years ago from our sources u.s. officials were telling us the cia was building an airstrip in the a arabian peninsula. it was hinted it would pos
we will be live from pentagon in a minute. >>> and falling from space, wow, pretty cool, at a rate of more than 843 miles per hour, that's how fast dare devil felix baumgartner fell when he jumped from space. the official speed has been released. even faster now than those record keepers thought at first. pretty cool stuff. >>> one of our top stories today at cnn, a secret american drone base somewhere in saudi arabia, now this is according, these are reports from two major...
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let's bring up the pentagon here and look at this. if this represented the entire budget of the pentagon, these cuts would only about this 8% or so up here at the top. that doesn't look like a whole lot right now, but the impact could be quite large. for example, one of the cuts would be to 46,000 department of defense jobs, which would be endangered with men and women and enlisted families, in fact, facing lower pay raises next year than they would expect. what about beyond that? the civilian population, working for the defense department. 800,000 civilians could face these 22-day furloughs, a forced furlough. it's a forced vacation. essentially, they're losing an entire month of pay out of the year, big impact on a lot of those folks out there. beyond that, there could be a reduction in training and maintenance for many people. that would have a bigger impact, probably in forward bases, where people are deployed, like afghanistan. beyond that, a reduction in naval operations. and finally, a reduction, in fact, in the number of hours
let's bring up the pentagon here and look at this. if this represented the entire budget of the pentagon, these cuts would only about this 8% or so up here at the top. that doesn't look like a whole lot right now, but the impact could be quite large. for example, one of the cuts would be to 46,000 department of defense jobs, which would be endangered with men and women and enlisted families, in fact, facing lower pay raises next year than they would expect. what about beyond that? the civilian...
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we reached out to the pentagon for comment but we have not heard back yet. drones will come up at a confirmation hearing for john brennan, the president's nomination for cia director. he's expected the tough questions the use of drones to target americans suspected of terrorism. the president has agreed to release classified documents to two congressional committees outlining the legal justification for drone strikes that killed u.s. terror suspects abroad. >>> the grounded dreamliner 787 will fly again today, but for one time only. the faa okayed a one-time flight with no passengers from ft. worth, texas, to the factory in everett, washington, to complete production on just one of the jumbo jets. "the wall street journal" says boeing is proposing a series of battery design changes it believes would help minimize the fire risks. >>> we want to get back to live shots of the prayer breakfast in washington, d.c., that's being held right now. people have arrived and they are obviously already at the podium. the president is set to speak any moment. it is the 61s
we reached out to the pentagon for comment but we have not heard back yet. drones will come up at a confirmation hearing for john brennan, the president's nomination for cia director. he's expected the tough questions the use of drones to target americans suspected of terrorism. the president has agreed to release classified documents to two congressional committees outlining the legal justification for drone strikes that killed u.s. terror suspects abroad. >>> the grounded dreamliner...
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Feb 15, 2013
02/13
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chris lawrence at the pentagon for us. thanks, chris. >>> if you already hate airport security lines, a bitter standoff in congress could make you wait much longer. l changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from. price is right no problem, they make you feel like you're a family. get a synthetic blend oil change, tire rotation and much more, $29.95 after $10.00 rebate. if you take care of your car your car will take care of you. >>> if you thought the fiscal cliff was the end of washington's manufactured crises, guess again. just two weeks from now, more than $1 trillion in automatic spending cuts are scheduled to kick in. folks here in washington have a big, cumbersome word for it. it's the sequester. and if it happens, folks on both sides say it's goi
chris lawrence at the pentagon for us. thanks, chris. >>> if you already hate airport security lines, a bitter standoff in congress could make you wait much longer. l changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from....
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Feb 26, 2013
02/13
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now he's changed his tune and said not so much, actually the budget in the pentagon is still going to go up. do republicans risk not being seen as credible? >> i think everybody risks not being seen as credible. this more than many of the crises that we've seen congress and the white house deal with. on that particular issue of republicans in defense, i find it fascinating. i spoke with senator cornyn as some of my colleagues up here about that. and what he was saying is that he was trying to try out his message on us about the fact that republicans should in fact not be saying that the sky's going to fall with regard to defense, it has historically been the most important thing when it comes to budget for the republicans because even if these forced cults go into effect, overall defense spending will go up. there's a split among republicans. if you ask john mccain that, he'll say do not touch defense spending, you to do away with forced cuts. there definitely is what this is exposing is a real tug-of-war within the gop over one of the main goals which is getting rid of the deficit an
now he's changed his tune and said not so much, actually the budget in the pentagon is still going to go up. do republicans risk not being seen as credible? >> i think everybody risks not being seen as credible. this more than many of the crises that we've seen congress and the white house deal with. on that particular issue of republicans in defense, i find it fascinating. i spoke with senator cornyn as some of my colleagues up here about that. and what he was saying is that he was...
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Feb 20, 2013
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our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are some 800,000 civilian workers are facing one day of furlough for the next 22 weeks. it is going to start hitting an awful lot of people right in the pocketbook. i want you to have a quick listen to one of the pentagon officials that explained some of the impact today. >> the effects of sequestration and the continuing resolution on our military personnel will be devastating. but on our civilians, it will be catastrophic. these critical members of our workforce, they work in our depots. they maintain and repair our tanks, our aircraft, our ships, they teach our kids. they care for
our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are...
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the pentagon is not commenting so far. what the iranians have are pictures, black and white images of the united states, various areas in the united states. and also what they claim is the u.s. base in afghanistan, you can see these drone like structures, that we have become familiar with, seeing them in afghanistan, where drones are parked. there are indications perhaps this is kandahar. but we don't know. this could just be material they found somewhere else. there is no way of knowing that this actually came from the aircraft, that it was material shot from the aircraft they claim to have. >> iran has had it for well over a year. is there any way of knowing if they were able to garner much in the way of worthy intelligence from the drone, for example they claim they were able to reverse engineer it. how concerned is the u.s. about that? >> reporter: they have to be concerned. this is high tech equipment. it's fallen into the hands of the iranians they say this matches stealth technology used on the new f 35 aircraft. it
the pentagon is not commenting so far. what the iranians have are pictures, black and white images of the united states, various areas in the united states. and also what they claim is the u.s. base in afghanistan, you can see these drone like structures, that we have become familiar with, seeing them in afghanistan, where drones are parked. there are indications perhaps this is kandahar. but we don't know. this could just be material they found somewhere else. there is no way of knowing that...
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Feb 23, 2013
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. >>> number four, the pentagon has grounded the entire fleet of f-35 fighter jets because a crack in the engine of one of the planes was found during a routine inspection. now the f-35 program costs $400 billion. it's the most expensive weapons system in military history. >>> finally number five. police are searching for the people who were inside a range rover sport involved in a las vegas shooting. listen to this -- shots were fired from that car, killed the driver of a maserati. the maserati then crashed into a taxi. the taxi bust into flames. the taxi driver and his occupant were killed. this caused a major pileup on the las vegas strip. three other people were injured. >>> we've got an update now to a story we brought you as breaking news at the top of the hour. cambridge police on the campus of m.i.t. are now giving the all clear. earlier, they searched buildings on campus after there were reports of a person with a rifle who was also wearing body armor. well, their search turned up nothing. all clear at m.i. t. >>> let's go to politics now. just less than a week away really fr
. >>> number four, the pentagon has grounded the entire fleet of f-35 fighter jets because a crack in the engine of one of the planes was found during a routine inspection. now the f-35 program costs $400 billion. it's the most expensive weapons system in military history. >>> finally number five. police are searching for the people who were inside a range rover sport involved in a las vegas shooting. listen to this -- shots were fired from that car, killed the driver of a...
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i need to move to the pentagon as we're getting some news on this story in california. barbara starr, tell me what you're learning about servicemen and women being on alert now. >> absolutely brooke, resonating at the pentagon, this man was a former navy lieutenant in the naval reserves. and now we are told that u.s. navy bases in california and nevada are on, quote, maintaining a heightened security posture, a heightened state of alert as they too are on the lookout for this man. and they do have some reason to know that he has approached the u.s. military in the last few days. a couple of days ago, they learned -- they discovered that he had stayed at a navy motel facility in san diego, and on wednesday he approached two navy sailors at his old unit when he was in the reserves, had a conversation with them, they did not realize they had been talking to dorner until they saw all the news reports. so a lot of concern now, in fact, a day ago, the point loma naval base shut down briefly while they thought he might be there. so now overnight the admiral in charge of the so
i need to move to the pentagon as we're getting some news on this story in california. barbara starr, tell me what you're learning about servicemen and women being on alert now. >> absolutely brooke, resonating at the pentagon, this man was a former navy lieutenant in the naval reserves. and now we are told that u.s. navy bases in california and nevada are on, quote, maintaining a heightened security posture, a heightened state of alert as they too are on the lookout for this man. and...
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Feb 23, 2013
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number four, the pentagon has grounded the entire fleet of f-35 fighter jets. a crack was found in the engine of one of the planes during a routine inspection. $400 billion, the f-35 program is the most expensive weapons system in military history. >>> five, now with no deal in sight, we are six days away from forced spending cuts that will slash $85 billion in spending and the white house is putting pressure on republicans. >> the here is the thing. these cuts don't have to happen. congress can turn them off any time with just a little compromise. they can pass a balanced plan for deficit reduction. they can cut spending in a smart way and close wasteful tax loopholes for the well-off and well-connected. unfortunately, it appears that republicans in congress have decided that instead of compromise, instead of asking anything of the wealthiest americans, they would rather let these cuts fall squarely on the middle class. >> that's the argument from the president. here is is how the gop is firing back. >>> the fact is republicans in congress right now will provi
number four, the pentagon has grounded the entire fleet of f-35 fighter jets. a crack was found in the engine of one of the planes during a routine inspection. $400 billion, the f-35 program is the most expensive weapons system in military history. >>> five, now with no deal in sight, we are six days away from forced spending cuts that will slash $85 billion in spending and the white house is putting pressure on republicans. >> the here is the thing. these cuts don't have to...
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the pentagon sends the boss off with a formal ceremony happening today, even though he is likely to be on the job for at least another couple of weeks. panetta spoke yesterday before congress, said there will always an debate over how much military power to put around the world. >> united states military, as i've said, is not and frankly should not be a 911 service capable of arriving on the scene within minutes to every possible contingency around the world. u.s. military has neither the resources nor the responsibility to have a firehouse next to every u.s. facility in the world. >> former senator chuck hagel has been nominated to replace panetta. that confirmation vote continues and has been postponed. >>> a look at this massive crowd that filled the streets in tunisia. this was a public funeral of an opposition leader shot dead outside his home wednesday. thousands of grieving and angry folks marching with his coffin to a cemetery. many believe it was a political assassination. riot police have violently put down several public demonstrations since that shooting. >>> and of course
the pentagon sends the boss off with a formal ceremony happening today, even though he is likely to be on the job for at least another couple of weeks. panetta spoke yesterday before congress, said there will always an debate over how much military power to put around the world. >> united states military, as i've said, is not and frankly should not be a 911 service capable of arriving on the scene within minutes to every possible contingency around the world. u.s. military has neither the...
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isn't dead, but it could be a couple of weeks if chuck hagel finds out if he should be running the pentagon. senate gem kratz failed to muster enough support to move hagel's nomination to the floor for a vote yesterday. the white house remains confident that hagel will be confirmed but accuses republicans of political posturing. >> ayes are 58, innays are 40. >> reporter: chuck hagel fell short of the votes needed to break a filibuster for his nomination to be the defense secretary. >> the filibuster of senator hagglehag hagel nomination is unprecedented. not a single nominee for defense secretary has ever been filibuster, never, ever. >> reporter: republicans argue they need more time, too controversial only to be confirmed days after getting through committee on a party line vote. >> we have a constitutional responsibility to -- to consider the nominee. a number of the republican senators have questions. >> reporter: democrats see it another way. republicans are dragging their feet on hagel to look for more information to bring them down. >> let's not hide behind a filibuster. let's have
isn't dead, but it could be a couple of weeks if chuck hagel finds out if he should be running the pentagon. senate gem kratz failed to muster enough support to move hagel's nomination to the floor for a vote yesterday. the white house remains confident that hagel will be confirmed but accuses republicans of political posturing. >> ayes are 58, innays are 40. >> reporter: chuck hagel fell short of the votes needed to break a filibuster for his nomination to be the defense secretary....
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that's 9% of nondefense spending and 13% of the pentagon budget over the next seven months. what's protected? medicare and social security. so are medicaid and food stamps, military personnel and the v.a. are examined. most federal agencies would make cuts and the white house warns, among other things, furloughs of the fbi, border patrol, and food safety inspections. the president says vital government services would suffer and the economy would weaken. republicans say agencies have had plenty of warning and it's past time the government joins the american families in making tough budget choices. a couple of facts amid the washington blame game. while the president rails against the cuts now, the idea for this deadline was his. two years ago the president believed the cuts would pressure republicans into a big deficit brand bargain. yes, this all may sound familiar. after all, it's been 16 years since the country had a real budget. but this president and this republican opposition are taking washington's dysfunction and trust deficit to new levels. >> john king joins me now
that's 9% of nondefense spending and 13% of the pentagon budget over the next seven months. what's protected? medicare and social security. so are medicaid and food stamps, military personnel and the v.a. are examined. most federal agencies would make cuts and the white house warns, among other things, furloughs of the fbi, border patrol, and food safety inspections. the president says vital government services would suffer and the economy would weaken. republicans say agencies have had plenty...
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defense related jobs could vanish by the tens of thousands due to severe cuts to the pentagon. you see just four states there including georgia and virginia which could lose more than 100,000 jobs each over the next ten years. cuts in grants to the states could lead to big reductions in food aid to the poor, low income energy assistance, child care and development and other social services as well. and really this is only the start. again, ten days left at this point. >>> now, we want to bring you some of the hottest stories of the day in a flash. we're keeping an eye on the jodi areas trial. she admits to the gruesome killing of travis alexander. late this morning her attorney began to lead arias through the weeks before the brutal killing. arias read an angry text from travis about a drawing that he had done which she left behind. >> imagine if i did that to you with something you gave me. give me a pardon from any madness. i don't need it. it's wearing me out and if it continues, just like i have to give you motivation to tell me the truth, i'll give you motivation to quit s
defense related jobs could vanish by the tens of thousands due to severe cuts to the pentagon. you see just four states there including georgia and virginia which could lose more than 100,000 jobs each over the next ten years. cuts in grants to the states could lead to big reductions in food aid to the poor, low income energy assistance, child care and development and other social services as well. and really this is only the start. again, ten days left at this point. >>> now, we want...
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he said there's going to be furloughs at the pentagon, the pay increases for the troops will not be as large as he would like, and then the president today added on to them, said, look, this is going to affect seniors, food safety, the poor. so what they are setting themselves up for is really this argument they are set to have and i think we're going to hear from the state of the union, over these automatic spending cuts that are due to take effect. the president is saying, we cannot let this occur and he's ready to clearly have that fight with republicans on this. >> panetta leaving office with an extraordinary acknowledgement that the defense department, the cia, state department, all of them recommended to the president that the u.s. should start arming, directly arming syrian rebels but the president decided that was not necessarily a good idea. that's pretty extraordinary. >> it was extraordinary. he was asked about it at a congressional hearing. what is interesting to me is someone who covers washington, it's not that there is disagreement at certain points over policy between t
he said there's going to be furloughs at the pentagon, the pay increases for the troops will not be as large as he would like, and then the president today added on to them, said, look, this is going to affect seniors, food safety, the poor. so what they are setting themselves up for is really this argument they are set to have and i think we're going to hear from the state of the union, over these automatic spending cuts that are due to take effect. the president is saying, we cannot let this...
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Feb 27, 2013
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. >>> chuck hagel takes over the helm at the pentagon. first day at the job he is shaking up his schedule. chuck hagel. that's next. i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. siness trips add to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra points with the double your hhonors promotion and feel the hamptonality. i took something for my sinuses, but i still have this cough. [ male announcer ] a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ breathes deeply ] ♪ o
. >>> chuck hagel takes over the helm at the pentagon. first day at the job he is shaking up his schedule. chuck hagel. that's next. i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers....
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however, our pentagon correspondent barbara starr tells us the suspect is a former marine himself who left the service in 2010 after four years. he served in "operation iraqi freedom" for 12 months from 2007 to 2008 and in haiti after the earthquake and received ten medals, including several for his service in iraq. >> terribly tragic. thank you, susan candiotti in new york. >>> chris kyle was well known to millions of americans. he was the author of the best-selling book "american sniper" and he appeared in the nba reality show "stars earned stripes." nick valencia joins us now. what can you tell us about kyle? >> chris kyle grew up in east texas and big affinity for horses and grew up handling guns for a young age. he went on to be a profific sniper for the navy s.e.a.l.s. he chronicled this in his book "the american sniper." he became infamous among iraqi insurgence. he had killed more than 150 insurgents and, as you mentioned, his legacy lived far beyond the service community. he was known to millions of americans. in a recent interview with conan o'brien, he talked about his time
however, our pentagon correspondent barbara starr tells us the suspect is a former marine himself who left the service in 2010 after four years. he served in "operation iraqi freedom" for 12 months from 2007 to 2008 and in haiti after the earthquake and received ten medals, including several for his service in iraq. >> terribly tragic. thank you, susan candiotti in new york. >>> chris kyle was well known to millions of americans. he was the author of the best-selling...
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. >>> and chuck hagel will show up for his first day of work in the pentagon. he was confirmed last night by a 58-41 vote. and the president's choice for treasury secretary could be confirmed today, jack lew. he sailed through the senate finance committee yesterday. >>> stunning decision from natureo. a really bad clerical error. a 7% decline in violence in afghanistan last year, turns out was inaccurate. taliban attacks held steady. and militants killed 17 people overnight, including ten afghan police officers while they slept this in the gazni province in afghanistan. >>> dennis rodman is in north korea, of all places. with three members of the famed harlem globetrotters to put on a show for fans while she film a tv documentary. rodman, known as the worm, tweeting from inside north korea and saying maybe i'll run into the gangnam style dude while i'm here. psy, he is south korean, not north korean. >> a little bit of a problem. >> a big difference. >> i haven't heard the nickname the worm since about 1999. >> rodman, bad as i want to be. >> yet there he is tw
. >>> and chuck hagel will show up for his first day of work in the pentagon. he was confirmed last night by a 58-41 vote. and the president's choice for treasury secretary could be confirmed today, jack lew. he sailed through the senate finance committee yesterday. >>> stunning decision from natureo. a really bad clerical error. a 7% decline in violence in afghanistan last year, turns out was inaccurate. taliban attacks held steady. and militants killed 17 people overnight,...
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he first had to be sworn in for his job as secretary of defense at a private pentagon ceremony. that step coming after a pretty tough confirmation fight in the senate. a round trip mission to mars is in the works. it's to send a man and woman to fly by the red planet in 2018. the mission would be a 501-day mission. it's the brainchild of dennis tito. if you remember that name rmgs he was the first space tourist. tito is holding a news conference a couple of hours from now. >>> even after 11 days on the witness stand, jodi arias's story continues to change. it is a remarkable murder case, a trial you don't seem to be able to turn away from. we're covering it next. humans -- sometimes life trips us up. and sometimes we trip ourselves up. but that's okay. at liberty mutual insurance, we can untrip you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married... move into a new house... [ crash! ] or add a car to your policy. don't forget to ask
he first had to be sworn in for his job as secretary of defense at a private pentagon ceremony. that step coming after a pretty tough confirmation fight in the senate. a round trip mission to mars is in the works. it's to send a man and woman to fly by the red planet in 2018. the mission would be a 501-day mission. it's the brainchild of dennis tito. if you remember that name rmgs he was the first space tourist. tito is holding a news conference a couple of hours from now. >>> even...
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he's addressing the employees of the pentagon. he's war veteran and has won two purple hearts so he has a special bond with those sitting in the audience today. >>> another look at our talkback question this morning. should the republicans embrace chris christie. your response and our discussion coming up. here we go. ♪ cha-cha-cha ♪ don't you know that i love ya ♪ ♪ cha-cha-cha-cha-cha ♪ always thinking of ya ♪ all around the world ♪ everybody singin' along ♪ singin' along ♪ fly me to the moon ♪ let me play among the stars ♪ let me see what spring -- ♪ [ birds chirping ] [ male announcer ] with the best lineup of vehicles ever, introducing the new chevrolet. ♪ oh, heavenly day why just go from "a" to "b" when imagination can take you everywhere? ♪ all the clouds blew away chevrolet. find new roads. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion.
he's addressing the employees of the pentagon. he's war veteran and has won two purple hearts so he has a special bond with those sitting in the audience today. >>> another look at our talkback question this morning. should the republicans embrace chris christie. your response and our discussion coming up. here we go. ♪ cha-cha-cha ♪ don't you know that i love ya ♪ ♪ cha-cha-cha-cha-cha ♪ always thinking of ya ♪ all around the world ♪ everybody singin' along ♪ singin'...
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Feb 28, 2013
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these are at the pentagon as to education and transportation and cuts to the justice department and the irs. you name it. they were designed to be so harmful that congress would have to find some other way, some smarter way to reduce the deficit. well, we are. let's talk about education today. >> i can't r can't you how troubling it is to me and how angry it makes me feel. they are starting to come back a little bit and my graduation rates are up a little bit and nowhere near where we need to be. we need to not take a step backwards. >> matt is our education secretary and not at all happy. let me bring in the president of the american federation of teachers. nice to see you again. under the circumstances for you, secretary duncan said as a nation, we see ourselves losing 40,000 teachers. if and when this goes through, will the jobs be gone forever? >> this is what is about the federal budget cuts? a really, really big on top of the last years having huge cuts in the localities. we lost 4,000 teachers. >> and the work that the folks do will be cut. they are the ones who have just been ti
these are at the pentagon as to education and transportation and cuts to the justice department and the irs. you name it. they were designed to be so harmful that congress would have to find some other way, some smarter way to reduce the deficit. well, we are. let's talk about education today. >> i can't r can't you how troubling it is to me and how angry it makes me feel. they are starting to come back a little bit and my graduation rates are up a little bit and nowhere near where we...